Thailand: Chipped Non-Coniferous Wood Market 2020

Chipped Non-Coniferous Wood Market Size in Thailand

The revenue of the chipped non-coniferous wood market in Thailand amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a resilient expansion from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, chipped non-coniferous wood consumption increased by +X% against 2016 indices. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the chipped non-coniferous wood market reached its maximum level in 2018 and is likely to see steady growth in the immediate term.

Chipped Non-Coniferous Wood Production in Thailand

In value terms, chipped non-coniferous wood production amounted to $X in 2018 estimated in export prices. Over the period under review, chipped non-coniferous wood production continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, chipped non-coniferous wood production reached its peak figure level at $X in 2012; however, from 2013 to 2018, production remained at a lower figure.

Chipped Non-Coniferous Wood Exports

Exports from Thailand

In 2018, approx. X tons of non-coniferous wood in chips or particles were exported from Thailand; picking up by X% against the previous year. Over the period under review, chipped non-coniferous wood exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, chipped non-coniferous wood exports attained their maximum at X tons in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, chipped non-coniferous wood exports totaled $X in 2018. Over the period under review, chipped non-coniferous wood exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Exports peaked at $X in 2012; however, from 2013 to 2018, exports remained at a lower figure.

Exports by Country

Japan (X tons), China (X tons) and China, Hong Kong SAR (X tons) were the main destinations of chipped non-coniferous wood exports from Thailand, together accounting for X% of total exports. South Korea, Lao People's Democratic Republic and Taiwan, Chinese lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Lao People's Democratic Republic, while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X), China ($X) and South Korea ($X) were the largest markets for chipped non-coniferous wood exported from Thailand worldwide, with a combined X% share of total exports. These countries were followed by Taiwan, Chinese, Lao People's Democratic Republic and China, Hong Kong SAR, which together accounted for a further X People's Democratic Republic (+X% per year) recorded the highest growth rate of exports, in terms of the main countries of destination over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average chipped non-coniferous wood export price amounted to $X per ton, dropping by -X% against the previous year. Over the period under review, the chipped non-coniferous wood export price, however, continues to indicate perceptible growth. The growth pace was the most rapid in 2017 an increase of X% year-to-year. In that year, the average export prices for non-coniferous wood in chips or particles reached their peak level of $X per ton, and then declined slightly in the following year.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per ton), while the average price for exports to China, Hong Kong SAR ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Lao People's Democratic Republic, while the prices for the other major destinations experienced more modest paces of growth.

Chipped Non-Coniferous Wood Imports

Imports into Thailand

Chipped non-coniferous wood imports into Thailand totaled X tons in 2018, shrinking by -X% against the previous year. In general, chipped non-coniferous wood imports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. In that year, chipped non-coniferous wood imports reached their peak of X tons. From 2014 to 2018, the growth of chipped non-coniferous wood imports failed to regain its momentum.

In value terms, chipped non-coniferous wood imports amounted to $X in 2018. Over the period under review, chipped non-coniferous wood imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2010 with an increase of X% y-o-y. Over the period under review, chipped non-coniferous wood imports reached their maximum at $X in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, Singapore (X tons) constituted the largest supplier of chipped non-coniferous wood to Thailand, accounting for a X% share of total imports. Moreover, chipped non-coniferous wood imports from Singapore exceeded the figures recorded by the second-largest supplier, Malaysia (X tons), twofold. Cambodia (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from Singapore amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (-X% per year) and Cambodia (+X% per year).

In value terms, Singapore ($X) constituted the largest supplier of chipped non-coniferous wood to Thailand, comprising X% of total chipped non-coniferous wood imports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value from Singapore totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+X% per year) and Germany (+X% per year).

Import Prices by Country

The average chipped non-coniferous wood import price stood at $X per ton in 2018, reducing by -X% against the previous year. Over the period under review, the chipped non-coniferous wood import price, however, continues to indicate an outstanding expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% year-to-year. In that year, the average import prices for non-coniferous wood in chips or particles attained their peak level of $X per ton, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per ton), while the price for Cambodia ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Cambodia, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform